Economics
ECB May Opt for 12-Month Extension to Emergency Bond Program
- Several policy makers said to be relaxed with a run into 2022
- Economists mostly predict six-month extension to end of 2021
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European Central Bank policy makers would probably agree to extend their pandemic bond-buying program by a full year until the middle of 2022 if that is proposed by the Executive Board next week, according to officials familiar with the situation.
Several members of the Governing Council would support a 12-month extension, even those who have a personal preference for six months, the officials said.